BANKING ANALYTICS

Ranking of the Azerbaijani banking sector (ranking includes the information component of the banking sector, the main events of the world economy, the analytical review of the main indices of the banks which are being ranked)

Russia warns Iran against transit of banned Turkish goods

Russian agriculture watchdog Rosselkhoznadzor warned Iran against transit of Turkish goods, which have been banned by Moscow, the agency's head, Sergey Dankvert, said.

"Rosselkhoznadzor warned Iran about inadmissibility of transit of Turkish goods through the country," Dankvert said, as quoted by the Russkaya Sluzhba Novostey radio station on Sunday.

He added that Iran was expected to start deliveries of poultry to Russia after January 20, and of diary products after February 15.

Relations between Moscow and Ankara deteriorated following the downing of Russia's Su-24 frontline bomber over Syria by a Turkish jet on November 24.

On November 28, Russian President Vladimir Putin signed a decree on economic measures against Ankara in retaliation for the downing of the Su-24 aircraft. The decree, which entered into force on January 1, 2016, included a food import ban on certain categories of products.